1-minute binary call at 100 EMA. The tick chart shows how the entry is refined. The option was bought after 2 bounces off the EMA at the right time. {image}
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Do you usually wait for two bounces(enter on 3th).
Well the correct answer that you are looking for I think is "To get a better understanding of the field that we operate in".
My question goes a bit deeper than that. If I'm not a dealer, I don't get to see things such as... how big an order from a single party can get (assuming the order doesn't get broken up into bits which I know some large parties would do), so I don't get to see even the basic information from the charts that tells me how much money can move the market 1 pip... 5 pips, 100 pips. Perhaps this is irrelevant, perhaps knowing this isn't necessary to be successful at trading, but by that logic, if I'm not a dealer who doesn't get to see the order book, what good is it for me understand how it works?
I'm not here to argue, I'm genuinely into what you're saying, I just fail to see what use that article will bring. I'll be honest and say, I hope my reason "To get a better understanding of the field that we operate in" is not the right answer so I can learn something.
{quote} Well the correct answer that you are looking for I think is "To get a better understanding of the field that we operate in". My question goes a bit deeper than that. If I'm not a dealer, I don't get to see things such as... how big an order from a single party can get (assuming the order doesn't get broken up into bits which I know some large parties would do), so I don't get to see even the basic information from the charts that tells me how much money can move the market 1 pip... 5 pips, 100 pips. Perhaps this is irrelevant, perhaps knowing...
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I asked what do you think because I really wanted to know. The title of this thread answers your question. This is my understanding of the trading and I'm not trying to sell it to anyone.
{quote} I asked what do you think because I really wanted to know. The title of this thread answers your question. This is my understanding of the trading and I'm not trying to sell it to anyone.
Ignored
What do I think? I fail to see how you can take advantage of something you don't have access to.
